RBA hikes the cash rate...with more to potentially come | Musk's SpaceX acquires Musk's xAI | Hollywood's sequel strategy is failing

The RBA has hiked the cash rate by 0.25% after the latest inflation numbers keep growin and growin and growin. Elon Musk’s SpaceX has acquired Elon Musk’s xAI as he looks to unify his AI and space ambitions. Hollywood’s betting the house on sequels and superheroes… but even franchises might not s…

Nine's fire sale of radio stations | Spotify is crushing the Aussie music artist's dream | Paramount to take on TikTok

Nine Entertainment has ditched its radio and regional TV assets  to bulk up on billboards with an $850 million acquisition Australian music artists are struggling to get discovered on streaming platforms like Spotify…which is putting a heap of pressure on the whole industry Paramount+ is flirting…

Domain vs REA drama deepens | Meta’s $135 billion bet | Tesla doesn't want to sell cars

Domain’s fight with REA just got more complicated after a US activist investor fires shots at Domain’s new owner, CoStar. Meta has just generated record profits and it’s now investing $135 billion USD to as part of the AI race. Tesla’s annual revenue has fallen for the first time ever, after Elon…

Foxtel's new owner hikes prices | TikTok sells to US investors | Gold and silver break records

Kayo, the sports streaming platform, is jacking up their prices by 15% as its new owner looks to squeeze more value from live sport. Bytedance has officially sold off its US-based TikTok business to a range of US investors and tech firms to stay alive in the country. The price of gold and silver …

Aussies pay the “lazy tax” & banks boom | Ryanair trolls Musk | Saks Fifth Avenue files for bankruptcy

Australia’s biggest banks are quietly making billions off zero-interest accounts after Aussie customers pay the lazy tax. Ryanair’s boss picked a public fight with Elon Musk… and turned it into cheaper flights and higher bookings. One of the world’s most iconic department stores, Saks Fifth Avenu…

$1.9 trillion of super makes a big call | OpenAI rolls out ads | Porsche's biggest sales drop in 16 years

The organisation advising $1.9 trillion worth of super money has set the stage for 2026…and this is likely to have ripple effects across all ASX200 companies. OpenAI is testing ads inside ChatGPT, as it looks for a clearer path to making serious money. Porsche has suffered its worst sales drop si…

Bonds is up for sale | Wikipedia partners with Google, Meta and Amazon | Rio eyes $300 billion Glencore mega-merger

The company behind Bonds, Bras N Things and Sheridan is up for sale after its new global owner wants to clear the decks. Wikipedia has announced a new enterprise partnerships with  big tech companies to help train AI models. Rio Tinto is in early talks to buy Glencore, a deal that could create th…

Biggest Media and Telco Stories - 2025 Recap

Seven West Media and Southern Cross Media have announced plans to merge into a $415 million content machine.  Optus has been slapped with a $100 million fine for four years of unethical sales conduct  Telstra is planning another mass job cut of over 500 jobs as it pushes to hit its new 2030 strat…

Biggest AI stories - 2025 Recap

Atlassian has announced plans to take on Google and Apple with a near-$1 billion acquisition of an AI-powered browse. Nvidia is investing $5 billion USD into its long-time rival Intel that flips a decades-long rivalry into a collaboration. OpenAI, the owner of ChatGPT wants to buy Google’s Chrome…

Biggest banking & fintech stories - 2025 Recap

ANZ is cutting 4,500 jobs and scaling back consultants in a $560 million restructure under its new CEO. Macquarie has smashed the Big Four banks in July this year, snapping up nearly 40% of all Australian home loans written. Airwallex has pulled off Australia’s second-largest VC raise ever with a…